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Canadian markets news

TSX stocks dragged down by falling gold stocks
TORONTO -- The Toronto Stock Exchange dipped slightly Friday, pulled down by declines in most sectors, particularly gold, but balanced by a 13 per cent boost in shares of Valeant Pharmaceuticals International.
TSX dips as Fed stimulus worry offsets rise in banks  Reuters Canada
TSX, Wall Street lower amid durable goods data, long weekend  Vancouver Sun
Globe and Mail   Related articles »  
Royal Bank releases supplier code of conduct after outsourcing backlash
TORONTO - The Royal Bank, which faced fierce backlash earlier this year over an outsourcing arrangement with a supplier that used temporary foreign workers, said Friday it won't send work offshore just to save on salaries.
RBC Says Housing Less Affordable in Vancouver, Toronto  Bloomberg
Low rates help keep home affordability stable: report  Globe and Mail
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Manitoba Tell sells Allstream to Egyptian billionaire's firm Accelero
Manitoba Telecom Services Inc. agreed to sell its Allstream business services unit to Accelero Capital Holdings, a firm co-founded by Egyptian billionaire Naguib Sawiris, for $520 million Canadian.
MTS to sell Allstream to Egyptian investment group, focus on Manitoba market  Winnipeg Free Press
Despite the price, Allstream sale is the best possible outcome  Globe and Mail
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Kinder Morgan takes next step in its Trans Mountain oil pipeline expansion plan
EDMONTON - Kinder Morgan Canada has taken the next step in its plan to almost triple the capacity of its Trans Mountain oil pipeline from Alberta to Burnaby, B.C.. The corporation has filed a formal description of the proposed $5.4 billion, 1,150 ...
Kinder Morgan mum on route of Trans Mountain pipeline expansion  Globe and Mail
Kinder Morgan to file Trans Mountain expansion plan with Canadian energy ...  Vancouver Sun
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Canada threatens retaliation over US meat-labelling rules
The federal government is threatening "retaliatory measures" against the United States in a dispute over meat-labelling rules that Ottawa and the World Trade Organization consider discriminatory.
UPDATE 1-US revises meat-labeling rules to satisfy WTO ruling  Reuters
Canada Not Cool with COOL  Wall Street Journal
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National Bank of Canada Profit Falls
TORONTO�National Bank of Canada, the sixth-largest bank in Canada, raised its quarterly dividend Friday after reporting a 22% decline in second-quarter earnings reflecting last year's sale of its asset management unit.
TD Bank profit rises despite sluggish housing growth  Toronto Sun
National Bank Posts Record Adjusted Profit  Bloomberg
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Study ranks Canada third-worst among affluent nations for paid vacation
With peak vacation season set to kick off, a U.S.-based economic policy think tank has sobering news for Canadians. Among the 21 affluent nations studied by the Center for Economic Policy and Research, Canada ranked third-worst in terms of legally ...
Are we getting enough vacation? Canada ranks near bottom of list  Globe and Mail
When it Comes to Vacation Time, Canadians May Envy Europeans  Wall Street Journal
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SaskPower set to start testing world's first carbon-capture facility
The world's first carbon capture and storage facility is set to start testing in Saskatchewan and it's already creating international buzz.
Carbon project critical for Sask  StarPhoenix
Symposium participants visit Estevan  Lifestyles Publications
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Canadian Dollar �Cheerleader� Gignac Now Not So Keen on Loonie
Clement Gignac was so bullish on the Canadian dollar in 2006 that he went out on a limb that April and forecast it would reach parity with the U.S.
Loonie lower despite positive durable goods data  Globe and Mail
Canadian Dollar Falls on Concern Risk Assets Outpaced Economy  Businessweek
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Loblaw Files to Spin Off 75% of Property in Choice REIT IPO
Loblaw Cos. (L), Canada's largest grocery chain by market value, filed documents for an initial public offering of Choice Real Estate Investment Trust in a bid to unlock shareholder value.
Loblaw files preliminary prospectus for $7-billion REIT  National Post
Loblaw files preliminary prospectuses for $7B REIT, debenture offering  Winnipeg Free Press
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